Predicting the stock market with Fibonacci numbers
Fibonacci numbers are a sequence of numbers that increase progressively and have been connected with the ‘golden mean’ and natural growth patterns seen in nature. For example the circular growth of a snails shell or patterns found in flowers. Mathematically Fibonacci numbers are worthy of study for mathematical, theoretical or philosophical enjoyment. However, if you think you are going to make money in the stock market by using Fibonacci numbers to predict the stock market you have are wrong. You can not predict the stock market with Fibonacci numbers.
Why you can not predict the stock market with Fibonacci numbers
Fibonacci numbers deals with abstract theory in a pure setting, the stock market is a chaotic social interaction. Somethings in nature imitate Fibonacci numbers and some things do not. The stock market does not, it has a life of its own far removed from the genetic program of a flower’s growth based on Fibonacci numbers. The stock market operates on different principles. So do not waste your money trying to predict the stock market with Fibonacci numbers.
How to predict the stock market
If you want to predict the stock market without Fibonacci numbers read my stock market prediction. It is not a sure way to predict the stock market but you would have been out of the market in the downturns.
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